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to the environment than in fact was really occurring. acknowledging those lies, b.p. has agreed to plead guilty to felony obstruction of congress. make no mistake. while the company is guilty, individuals committed these crimes. and we have also unsealed today a 23 count indictment charging b.p.'s two highest ranking supervisors aboard the deep water horizon with manslaughter and violation of the clean water act. the indictment charges the two b.p. well site leaders with negligent and gross negligence on 2010. the red flags indicating that the well was not secure both men failed to take appropriate action to prevent the blow out. a separate indictment was also unsealed today charging a former senior b.p. expect sive with obstruction of a investigation and making false statements to law enforcement officials. the indictment alleges that he on behalf of b.p. intentionally under estimated the amount of oil flowing from the well. he allegedly cherry picked pages from documents, with held other documents al together and lied to congress and others to make this spill appear less catastrophic than it
situations but also to look at the bigger public policy, that of the environment and that of climate change and global warming. we need to be cognizant of our stewardship over the -- our planet. we need to make certain that if these data that are compiled are telling us that there is increased prescription, for instance, over the catskills watershed, in my district, let's respond accordingly to sound public policy as it relates to our environment and our stewardship of the environment and let's be cognizant of the needs in response of this measure. you know, i'll just say this, and i know you want to add to this discussion here. i'll say this, in a time where government perhaps has been hit hard by critics out there suggesting there's no role for public sector here, we need to reduce government, i can tell you people addressing the war room, as they designated it, putting together all of the professionalism and academics and people who operate these programs and how well trained, watching that compilation, that collaborative effort of these profession alcs who are responding to public -- pr
. they can out maneuver us in a number of ways in the corporate environment, and make their companies much more competitive against the united states. >> host: so to the fbi, what is the fbi's role, doesn't have the resources and if somebody who former fbi, what would you say about its success so far? >> guest: so i think the fbi, particularly in the last five years or so has made significant strides. let me say first that this really is the response in this area needs to be the government as well as the private sector. when you're talking of the government, it's the whole of government. it's the intelligence community, department of defense, fbi, dhs et cetera. there's a whole host of government agencies. the fbi's role, the fbi as you know wears two hats. they have a criminal responsibility as well as a national security responsibility. and the fbi's role is really looking domestically to gather intelligence and mitigate the threat. and the fbi does that in a variety of ways, clicking intelligence, sharing it with others and government sharing it with the private sector. the primary goal
in a sense the job of government is to provide an environment in which citizens can at their lives, knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this to chairman bachus describes. there was a failure at government to protect these people and the results of this investigation, fulfilling compasses obligation to provide oversight of us we had many opportunities to improve and provide better protection in these opportunities run the gamut from following behavior of those who are in charge entities like mf global, to monitoring and modifying the ways in which the ratings agencies do their business, to their job. and there have been so many failures in so many ways, not only in mf global, but in other, similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of laws that existed prior to the massive imposition of dog crank. we do not have infinite resources and our financial marketplace. we do
document. the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor
and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he came from a poor province. he has a ph.d. from a famous university in china. he has a solid command of english. he is seen as more of a reformer. host: is there a strong middle- class or is there a disparity between the poor and the wealthy in china? guest: that is the most serious problem for the leadership to address, social inequality. there are 200 million people are considered middle class. they are demanding an expecting different things from the leadership that they may or may not be able to deliver. host: the president is circling china through southeast asia and not going to china. is that a political message to china? guest: china will
are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we follow gree
Search Results 0 to 6 of about 7